SPARK Matrix™: Procurement Services, Q2 2025

QKS Group's Procurement Services market research includes a comprehensive analysis of the global market in terms of emerging technology trends, market trends, and future market outlook. This research offers strategic insights for technology vendors to better understand the current market landscape, supporting their growth strategies; and for users to assess different vendors’ capabilities, competitive differentiation, and market position.

The research includes a detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix ranks and positions leading Procurement Services vendors with a global impact. The SPARK Matrix includes analysis of vendors such as Accenture, Capgemini, Chain IQ, Corbus, Dragon Sourcing, EXL, Genpact, GEP, IBM, Infosys, LogicSource, TCS, Tech Mahindra, Wipro, and WNS.

According to Vishal Poduri, Analyst at QKS Group, "Procurement Services represents the culmination of strategic advisory, end-to-end Procurement Outsourcing, and managed analytics. It offers a holistic approach to managing and optimizing the entire procurement lifecycle—from designing and planning tailored procurement workflows to executing digital contracting and risk management strategies. Procurement Service Providers (PSPs) leverage advanced technologies such as blockchain, IoT, and AI-driven analytics to not only drive cost efficiencies but also foster sustainable procurement practices, supplier diversity, and operational resilience.”

2025 Procurement Services SPARK Matrix
Source: QKS Group

Table of Contents

Executive Overview

Market Dynamics and Overview 

• Key Competitive Factors and Technology Differentiators

SPARK Matrix™: Procurement Services

Vendor Profiles

Research Methodologies

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